1, of good credit.

When applying for a CPF loan, the CPF center will be more concerned about the credit situation, the credit report can not have a bad loan record, if there was a past due resulting in a credit stain, the CPF center review may be rejected directly after the application for a home loan, the impact is relatively large.

2. The balance of the CPF account is sufficient.

The balance of the CPF account will directly affect the loan amount, generally the CPF loan amount is 10 - 20 times the account balance, the specific need to CPF center's notice shall prevail.

If the CPF account balance is insufficient, it may result in a failed loan application or insufficient loanable amount.

3. Income meets the requirements.

When applying for a mortgage, the CPF center will require a monthly income that is more than twice the monthly payment.

The provident fund center will judge the income situation through the income stream and income proof, if the income does not meet the requirements, it may also lead to the provident fund loan application can not be passed.

4. The debt ratio should not be too high.

When applying for a CPF loan, the CPF center will pay attention to the debt situation. Under normal circumstances, the debt ratio should not be more than 50%, the higher the debt ratio, the higher the financial pressure, the higher the possibility of overdue in the future, and the CPF center's concern will be more.

5. There are no outstanding CPF loans in your name.

When applying for a CPF loan, if you have an outstanding CPF loan in your name, you will not be able to apply for a loan, which is something you need to be aware of in advance.

6, you need to have full civil capacity.

When applying for a CPF loan, you can't because of physical reasons, or other reasons that make it obvious that you can't take responsibility for the debt, if you don't have full civil capacity CPF center won't make a payment.

7, age to meet the requirements.

The age of the loan can not be too high, once more than the limit of the local provident fund center, will also lead to the provident fund loan application can not pass.

8, the size of the house purchased cannot exceed the limit.

When applying for a CPF loan, some regional CPF centers will limit the size of the purchased house, especially when buying a second suite, the limit will be more, you can know clearly in advance.

9, the borrower needs to provide proof of delivery of the down payment, there is a purchase contract or agreement.

Need to pay the appropriate down payment according to the requirements of the provident fund center, and need to keep the original invoice of the down payment, in the processing of the loan is also used.

10, provident fund contributions for more than 12 consecutive months.

When applying for a provident fund loan, the provident fund center also has requirements for the length of continuous contribution to the provident fund, which generally requires more than 12 months of continuous contribution to the provident fund in order to qualify for a provident fund loan.

But different regions have different regulations made by the provident fund centers, so you need to know clearly in advance, and then follow the requirements of the provident fund centers to get ready for the loan.

If you are worried that your qualifications do not meet the requirements of the provident fund center refused to loan, you can apply for a loan before, prepare a copy of their own information to consult the understanding, do not blindly paid the purchase deposit and down payment, to avoid the loan can not be passed to bring some trouble to themselves.

If the online loan itself is non-compliant, then this kind of online loan overdue will not have much impact on personal credit status. However, your online loan record will be retained in the online loan big data. You can check your online loan history, including details of overdue loans, debts, credit defaults, and whether you have been blacklisted, through the "Beitian Quick Check".

Extended information:

Is it still creditworthy if you have overdue deductions on your CPF loan?

Public Provident Fund loan late deduction will also be credit, public provident fund loans in general, there is no grace period, so even if the late deduction is still have to bear the corresponding consequences of the late, the public provident fund center will be the late situation reported to the credit.

The CPF center will take the following measures to safeguard its rights and interests after the overdue period.

1. Report the overdue status to credit bureau.

2. Calculated late penalty interest.

3, telephone contact to urge repayment.

4. Early termination of the loan contract.

5. Requesting early repayment.

6, malicious late will be prosecuted.

7, affecting other credit applications.

8, disposal of mortgaged property.

If the house is disposed of, the proceeds of the funds are not enough to repay the principal and interest of the CPF loan, you have to make up for the shortfall, so no matter which way you look at it, the CPF loan should be repaid on time, and try to avoid late behavior, even if you can't avoid it, don't be overdue for too long.